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...have changed. Now it's a spectacularly rich man's sport, as evidenced by the bidding frenzy that took place last week at Christie's in New York City, where $491 million worth of Impressionist and modern art changed hands--the priciest art auction in history. Gustav Klimt's Portrait of Adele Bloch-Bauer II sold for $87.9 million, obliterating the presale estimate of $40 million to $60 million. Three other Klimts--part of a collection stolen by the Nazis during World War II and recently returned to the owner's heirs--fetched a combined $104 million. An anonymous moneybags...

Author: /time Magazine | Title: Portrait of a Bull Market | 11/13/2006 | See Source »

...million, seemed to confirm that the market has reached another bubble phase. It's reminiscent of the bubble that inflated in the '80s, when dealmakers such as Australia's Alan Bond and yen jillionaires like Ryoei Saito chased Van Goghs to the stratosphere. (Saito paid $82.5 million for Portrait of Dr. Gachet.) Dotcom entrepreneurs with Internet funny money bought Impressionists and Pop Art. Today a new generation of hedge-fund billionaires and Chinese and Russian kleptocrats is part of an ocean of capital flowing into galleries and auction houses. "There seem to be no limits to what people will...

Author: /time Magazine | Title: Portrait of a Bull Market | 11/13/2006 | See Source »

...There’s not a conventional narrative,” says Sheldon L. Cheek, curator of the exhibit and of the Du Bois Institute’s permanent collection. Instead, British filmmaker Isaac Julien strings together ten scenes to paint a portrait of a lesser-known side of the Harlem Renaissance...

Author: By Kyle L. K. Mcauley, CRIMSON STAFF WRITER | Title: New Du Bois Art Set Apart | 11/2/2006 | See Source »

...images in the collection, however, is open for public viewing on the main floor. At the end of a hallway next to a few offices hangs a picture of Martin Luther King, Jr., done entirely in harsh, angry pencil lines. King looks almost tired and weary in this unusual portrait, perhaps an extrapolation of his mental state towards the end of his life...

Author: By Kyle L. K. Mcauley, CRIMSON STAFF WRITER | Title: New Du Bois Art Set Apart | 11/2/2006 | See Source »

Today's lasers and other energy-based treatments are increasingly nonablative, meaning they're kinder and gentler to the patient. Portrait, for example, leaves the top layers of skin initially intact and a little red. As healthier skin emerges, peeling occurs. But the process takes days, not weeks, and the result: a dramatic tightening effect around the eyes and jawline, according to Dr. Fitzpatrick...

Author: /time Magazine | Title: Buying Your New Face | 10/31/2006 | See Source »

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